Investors bought approximately 260,000 BTC over a 10-day period after Bitcoin fell below $60,000 earlier this month. Glassnode data showed net purchases of 259,298 BTC in the $59,000 to $67,000 range since June 5.

Bitcoin reached an intraday high near $67,300 on June 15 after a US-Iran framework agreement lowered Brent crude roughly 5% to $82.95. The Bank of Japan's June 15-16 meeting matters because the yen carry trade can transmit Japan funding stress into risk assets. A poll found that 94% of economists expect a BOJ hike to 1% by the end of June.

Investors bought a net 259,298 BTC since June 5 after Bitcoin fell below $60,000 earlier this month. Glassnode UTXO Realized Price Distribution data shows buyers paid between $59,000 and $67,000. Glassnode's Accumulation Trend Score stands at 1.0, the top reading.

Tether announced a partnership with the Dubai Multi Commodities Centre to support tokenization and digital asset education. Tether will provide advisory support within the DMCC, a crypto free economic zone in Dubai.

SpaceX signed a definitive $60 billion all-stock merger agreement to acquire Anysphere, the company behind Cursor. The transaction creates X67 Inc., which will merge into Cursor with Cursor surviving as a subsidiary. The merger awaits regulatory approvals and is targeted to close in Q3 2026.

Bitcoin climbed above $66,500 after the Bank of Japan raised interest rates to a 31-year high. Bitcoin added 1.5% over 24 hours and continued its recovery from a June 5 low below $60,000. XLM, INJ and UNI rose between 13% and 16% among the top 100 cryptocurrencies by market capitalization. Derivatives data showed higher crypto trading volume, open interest and short liquidations.

A short squeeze in SpaceX perpetual futures briefly sent the company’s implied valuation to $3 trillion on blockchain-based markets. The contracts later retreated toward SpaceX’s pre-market trading price of around $212.

Bitwise Chief Investment Officer Matt Hougan said long-term investors should ask whether Bitcoin's cycle top is still ahead. Hougan reviewed research from Galaxy Digital, NYDIG, and Standard Chartered as Bitcoin traded near $67,000 after a recent bounce from multi-month lows.

Michael Saylor said Bitcoin does not need staking, inflation or protocol-based yield mechanisms. Saylor said investor returns should come from financial products built around BTC.

U.S. President Trump said the United States and Iran signed an online memorandum of understanding and entered a second negotiation phase. Trump said the second phase should be easier than the first. Trump also said the United States will not invest funds in Iran.

UBS Global Wealth Management pushed its Federal Reserve rate-cut expectations to March and June 2027. UBS no longer expects any rate cuts this year. UBS expects this week's meeting to send a hawkish signal.

The IMF said rapid stablecoin adoption in Nigeria is testing the country's monetary and regulatory frameworks. Nigerian households and small businesses are increasingly using dollar-pegged stablecoins for remittances and international payments. The IMF linked the trend to Naira weakness, high inflation, and limited access to foreign exchange.

The IMF said Nigerians are increasingly using stablecoins for cross-border transfers, with Nigeria receiving about $59 billion in crypto inflows between July 2023 and June 2024. The IMF said Nigeria accounted for roughly 60% of stablecoin inflows in sub-Saharan Africa. The IMF cited World Bank data showing that sending $200 to sub-Saharan Africa costs about 9% on average through conventional remittance channels.

BlackRock Investment Institute's Ben Powell said the BOJ is likely to move cautiously after raising rates to their highest level since 1995. BlackRock Investment Institute maintains an underweight position on JGBs because rate hikes, high global term premiums, and large-scale issuance may pressure yields.

MOL CEO Jotaro Tamura said shipowners may need weeks or as long as a month before they feel safe using the Strait of Hormuz again. The strait carried more than a fifth of global oil and liquefied natural gas before the conflict erupted in late February. Some ships have crossed after the pact, including India’s flagged LNG tanker Disha with 62,370 tonnes of gas.

SpaceX rose 19.6% the day after its first trading day, lifting its market cap to $2.519 trillion. Retail investors bought about $93.8 million of SpaceX on June 16. Oppenheimer started coverage with an Outperform rating and a $190 price target.

The IMF said Nigeria accounts for roughly 60% of sub-Saharan Africa's stablecoin inflows since 2019. The organization said dollar-pegged tokens help households and small firms make cross-border payments, but adoption can weaken local monetary policy transmission.

Wyoming is pursuing a $1 stablecoin experiment in Cheyenne. The effort reflects Wyoming's attempt to connect its Old West identity with a crypto finance future.

Kakao Pay reportedly approached major commercial banks to discuss a potential KRW-pegged stablecoin consortium. Discussions are reportedly underway with BNK Financial and JB Financial.

Capital B is developing a digital credit product aimed at the European market. Alexandre Laizet said the product is being designed with reference to Strategy's STRC structure. Capital B wants to offer a yield-generating structured product based on its BTC balance sheet.